Five Below (FIVE) PT Lowered to $110 at RBC Capital
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Five Below, Inc. Announces Holiday Sales Results for Quarter-To-Date Through January 4, 2020
January 13, 2020 8:30 AM ESTNet Sales Increased 13.4%Updates Guidance for the Fourth Quarter and Fiscal 2019Announces 180 Planned New Stores or 20% Unit Growth for Fiscal 2020
PHILADELPHIA, PA, Jan. 13, 2020 (GLOBE NEWSWIRE) -- Five Below, Inc. (NASDAQ: FIVE) (Five Below or the Company) today announced net sales results for the quarter-to-date period from November 3, 2019 through January 4, 2020 ("Holiday Period"). The Company announced that net sales for the Holiday Period increased by 13.4% to $596.6 million from $526.1 million in the comparable nine-week period from November 4, 2018 to January 5, 2019. Comparable sales for the Holiday Period decreased by 2.6%.
Joel Anderson,... More
